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Primary commodities dominate African exports, yet these products are extremely vulnerable to variations in weather conditions, world demand and prices. If the continent is to obtain optimum benefit from the integration and opening of the world economy, this heavy reliance on primary products...
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The papers in this volume address three important issues: the role ofexchange-rate policy in enhancing the competitiveness of African manufactured exports; the steps that can be taken to improve productionefficiency; and the role of institutional and structural reforms in promoting...
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Singapore entered the COVID-19 pandemic with sizable policy space and robust economic policy frameworks, yet facing …
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This 2017 Article IV Consultation highlights that Singapore's economic growth momentum has improved since late 2016 … subdued. Labor market conditions have softened with two consecutive years of weak net employment generation. Singapore …
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This paper outlines that the banking sector remains healthy, backed by high capital, liquidity, provisioning and profitability ratios. Sector-wide nonperforming loans (NPLs) have increased slightly (to 2 percent in 2017:Q1), due largely to stresses in the Oil and Gas (O and G) services sector....
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This Selected Issues paper develops a new calibrated model of the Singapore economy, the Singapore Global Policy MODel … to illustrate the role of the monetary policy responses of Singapore's monetary authority following a variety of domestic … rate markets, exacerbating the negative effects from Singapore's transmission mechanism and its reliance on the uncovered …
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This 2016 Article IV Consultation highlights that Singapore's economy continues to perform well despite being hit by a …
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